Pennsylvania and paid slightly over
$8.1 millionthree years ago so as to secure the
Category Four gambling license for
Cumberland County. This authorization gave it the right to build and run a small ‘satellite casino’ featuring no more than 700 slots and 50 gaming tables within a 15-mile radius of the rural community of
South Newton Township.
However, the company was later reportedly hit by delays after officials in
Shippensburg Township scuppered its original site for the envisioned gambling-friendly venue due to sinkhole and traffic congestion issues. Greenwood Gaming and Entertainment Incorporated then purportedly returned late last year to propose bringing its envisioned ‘
March 10, 2021
Newly-enlarged American casino operator Caesars Entertainment Incorporated is reportedly expecting to complete its $3.7 billion acquisition of London-listed land-based and online sportsbetting giant William Hill by the first day of April.
According to a report from the news domain at iGamingBusiness.com, the Las Vegas-headquartered behemoth had earlier revealed that it anticipated being able to finalize the purchase during the second quarter of the year after receiving all of the necessary regulatory approvals. But the source detailed that this essential process has been moving at pace and could now be finished by as early as March 23 pending any last-minute hiccups.
February 26, 2021
The boss for American casino operator Caesars Entertainment Incorporated has reportedly expressed optimism regarding the coming year due to his firm’s Las Vegas Strip properties recently posting a dramatic rise in hotel bookings.
According to a report from CDC Gaming Reports, Tom Reeg (pictured) serves as Chief Executive Officer for the Nevada company and he used a Thursday conference call with investors to detail that nine of its most recent top-ten booking days had happened in February. The executive moreover purportedly explained that this had represented the most activity his company’s properties in ‘The Silver State’ had seen since re-opening for business in June following the 78-day coronavirus-related shutdown.
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